IB in a developing country

Hi there,

I'm from a developing country and my goal is to get in IB in London or NY. I come from a non-target university in Europe and in my country I could do some IB internships or even work full-time as an IB Analyst (in local banks).

The deals are few (2/3 per year) and those that happen are between the 50m-250m range.

So I just want some advice, how feasible would be to work as an IB Analyst in my country and then lateral to analyst/associate roles in NY/London?

I would like to skip the target MBA path because I can't afford it.

Thanks! :)

6,269 WSO Academy Investment Banking Session Reviews: 4.82/5

Thompson Rivers University

Class of '29 Nov 2026 Cohort

5.00/5

Investment Banking Career Roadmap (optional)

“I had a fantastic conversation with him and genuinely appreciated the time he took to share his experiences and insights from working in Investment Banking, particularly within the Metals & Mining sector. He was extremely knowledgeable, approachable, and happy to elaborate on the industry, the nature of the work, and his own career journey. His perspectives gave me a much better understanding of the sector and further strengthened my interest in pursuing a career in Metals & Mining Investment Banking. What I particularly appreciated was his willingness to offer guidance and remain a resource as I navigate my career development and upcoming internship recruiting. Overall, it was an incredibly valuable conversation, and I am very grateful for his generosity, advice, and willingness to help going forward.”

The University of Sydney

Class of '28 Nov 2026 Cohort

4.85/5

Investment Banking Mock Coffee Chat

“He was extremely knowledgeable, he has obviously spend a lot of time within the Australian market and really understood the nuances of the market compared to other markets. Because of this he was able to give me some really interesting insights, for example I really want to understand why certain firms stand out more than others within the Australian markets, he was able to explain how the main attractiveness of bulges in Australia is their product offering .He was extreme kind and enthusiastic to give up his time to talk to me.”

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IB in a developing country

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